Anubhav Jain
👤 SpeakerAppearances Over Time
Podcast Appearances
I see.
So we've done close to $7.5 million of lending this month in September, right?
And it's festive season coming up in India next month.
So we're looking to almost, again, double this in October.
So we share that revenue with the balance sheet partner.
So we get all that revenue.
And then there is a certain share of that that we give to the balance sheet partner and the remaining we keep.
It's almost like a 60-40 split.
No, they keep 60.
Yeah, absolutely.
Oh, a year ago, we had just started because we were just in our first couple of transactions at that point.
But I can say that three months ago, this number was $5,000.
So we are almost more than 10x in a quarter.
In June, this was $5,000.
Okay.
It's gone more than 10 times.
Total loans done.
That was close to around 100,000.
So I think it's a mix of a few things.
One, we've kind of now expanded to some of the very large players.